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    Question

    What penalty has the Reserve Bank of India ( RBI )

    imposed on the Thane District Central Co - operative ( TDCC ) Bank?
    A Rs 1 lakh Correct Answer Incorrect Answer
    B Rs 1.5 lakh Correct Answer Incorrect Answer
    C Rs 2 lakh Correct Answer Incorrect Answer
    D Rs 2.5 lakh Correct Answer Incorrect Answer
    E Rs 3 lakh Correct Answer Incorrect Answer

    Solution

    Explanation : RBI has imposed a penalty of Rs 2 lakh on the Thane District Central Co - operative ( TDCC ) Bank for alleged violation of banking regulations by sanctioning a loan to one of the directors of the bank .

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